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Closure of Fessenheim nuclear plant approved by EDF

nuclear-dominoesflag-franceEDF board approves closure of oldest nuclear power station in France
Decision on Fessenheim plant comes after pressure from Berlin and need to comply with legal cap on atomic energy generation,
Guardian, , 25 Jan 17, EDF has voted to begin the process of closing France’s oldest nuclear power station after pressure from Germany and a law capping the country’s reliance on atomic power.

The French energy firm’s board approved plans on Tuesday to close the 39-year old Fessenheim plant in north-east France, near the German border, allaying fears that the company, which is 85%-state owned, would drag its heels until President François Hollande left office later this year.

Hollande had promised in his manifesto to shut the site in an effort to build an alliance with the Green party. Fessenheim has also been the subject of complaints about safety from the German and Swiss governments.

Under Hollande, France has pledged to reduce its reliance on nuclear from 78% of electricity generation to 50% by 2025 and increase its use of renewables, such as wind and solar. The country’s nuclear plants are ageing, with many expected to come to the end of their life in the 2030s.

France’s energy transition law caps the amount of nuclear power at 63.2 gigawatts, meaning the Fessenheim plant needs to close in 2018 to pave the way for a new one at Flamanville.

Under the deal agreed by EDF, the company will be paid €490m (£420m) in compensation for dismantling the plant and retraining its 850 workers.

“With this decision on the part of its board of directors, EDF is guaranteeing compliance with legislation imposing a ceiling for France’s installed nuclear electricity generation capacity, while at the same time safeguarding to the utmost the interests of the company and its customers,” said Jean-Bernard Lévy, its chief executive……..

January 25, 2017 - Posted by | business and costs, France

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